Knowing when, where, how and what consumers base their purchases will allow retailers to engage their customers in more informed and relevant ways. Online and mobile data can be used, for instance, to provide personalized offers catered to a shopper’s activity and...

” As retailers continue to hone their omnichannel strategies, the role of assortment planning is shifting toward creating more localized and personalized offerings for consumers. It is no longer a method to merely select merchandise. Instead, optimized,...

” One of the most exciting and nerve-wracking aspects of retail is determining what price to sell your products at. Pricing is both an art and a science that requires an experimental attitude coupled with an intuitive feel for how you want your brand and by...

” Since food is a commodity and we treat it that way at the wholesale level, and since free market economics are all about ‘Supply and Demand’ shouldn’t we take that whole concept and philosophy down to the street level? Well, we kind of do...